Area Insights of 33498, Boca Raton, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 169 homes were sold with 62 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33498, Boca Raton, FL

Date

03-15-2023

Price Ratio

98%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

West Glades Montessori School

PK to KG

Middle School

Eagles Landing Middle School

6 to 8

Ratings

A

High School

West Boca Raton Community High School

9 to 12

Ratings

A-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 4% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (15,402)
7,579 Male
7,823 Female
Education
12% High School
8% Associate
32% Bachelor
26% Graduate
Age

Average Age is 45 Years

Household Details

The area's household landscape is diverse, with 93% owner-occupied homes and 7% renter-occupied properties. Family households represent 83% of the population, indicating a strong community focus on family living. The average home value stands at $880,399, which suggests ample demand for multi-bedroom properties.

Total Households
5,882
Average home value
$880,399
Owned
93%
Rented
7%
Vacant
4%
Families
83%
Married
73%
With children
30%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 6% Asian, 5% Black, and 0% Native residents, alongside 69% White and 18% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 58% of households earning over $100,000 annually, while 26% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
10%
Professional
11%
Education
8%
Services
20%
Labor
18%
Retail
24%
Other
9%